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No fewer than 14 Nigerian commercial banks are yet to meet the Central Bank of Nigeria’s recapitalisation requirement as the 31st March 2026 deadline inches closer....
The Lagos Environmental Sanitation Corps, LAGESC, popularly known as KAI, has uncovered an emerging oil bunkering operation and arrested 27 suspects allegedly found with counterfeit naira...
The recent discovery by the Senate’s ad-hoc committee investigating crude oil theft in the Niger Delta that about N300 billion crude oil proceeds were unaccounted for...
The Ondo State government and its investment partners have initiated the process for the establishment of a 500,000 barrels-per-day refinery and a free trade zone with...
The Nigerian Government has suspended the implementation of a 15 per cent import duty on premium motor spirit and automotive gas oil. The spokesperson of the...
The Naira on Wednesday recorded the highest daily depreciation against the United States dollar at the official foreign exchange market this week. The Central Bank of...
Ebonyi State Government has demolished unauthorised structures located along the Abakaliki–Afikpo Highway at the Integrated Building Materials Market, Abakaliki. Speaking on behalf of the government, the...
The Economic and Financial Crimes Commission, Uyo Zonal Directorate, has commenced investigation into two suspected oil thieves, Moses Michael Mufans and Abba Sunday, for allegedly dealing...
ABUJA — Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has said that the nation’s economy is witnessing a progressive growth. Edun...
The Naira appreciated on Thursday against the United States dollar at the official foreign exchange market for the second time this week as the country’s external...
The Nigerian National Petroleum Company Limited (NNPCL) said it plans to increase its ownership stake in Dangote Refinery to 20 per cent from 7.2 per cent....
President Bola Tinubu has sought the approval of the National Assembly for a fresh N1.15 trillion borrowing from the domestic debt market to help finance the...
The Nigeria Labour Congress (NLC) has cautioned against the Nigerian government’s newly approved 15 per cent import tariff on petrol and diesel, warning that the policy...
The President of the National Association of Nigerian Travel Agencies, NANTA, Yinka Folami, has revealed that the Federal Government will soon end the sale of tickets...
The Central Bank of Nigeria, CBN, has refuted reports that it disbursed US$1.259 billion to major oil sector operators for the importation of refined petroleum products...
The Federal Government has commenced the training of nearly one million Nigerian youths under the Technical and Vocational Education and Training (TVET) initiative of the Federal...
The Naira recorded its third consecutive appreciation against the United States dollar this week on Wednesday. The Central Bank of Nigeria’s data showed that the Naira...
The Federal Government has been urged to introduce tax rebates for individuals and organizations investing in education, healthcare, food security, and poverty eradication initiatives across the...